In 2003, many of those legends were already past their primes. So, dropping them was not shocking considering how Pakistan did in 2003 World Cup (their only wins came against Namibia and Netherlands).
Even in those wins vs Namibia and Holland we were distinctly unimpressive labouring to 250 with the bat. The signs of impending doom were evident even before that World Cup. People wondering why I'm very anti-Waqar need to look at that 2002-03 era under his captaincy which was the most
depressing time of my Pakistan fandom after 2010.
After beating Australia away in the ODI series, we had an appalling slump starting in the Morocco tri-series where we lost 3 of 4 matches, including botching a chase of 196.
The Kenya tri-series was even worse. We were hammered by Australia and would've lost the final had rain not interfered. Worst of all, we even laboured to beat
Kenya nearly botching a chase of
130 ! We crashed out of the group stage of the 2002 Champions Trophy despite being staged in Asian conditions. Then came the biggest humiliation: the Sharjah Test vs Australia.
I returned from school thinking a PLAYER had scored 59 and 53 in the 1st and 2nd innings. I did a double take learning the entire TEAM scored that amount - on a flat Sharjah pitch of all places ! That's when I lost patience with Waqar - it was clear the boys won't playing for him. In South Africa we received another hammering.
Amidst all this, there was a bustup between Waqar and Mohammad Yousuf. Yousuf picked up a shoulder injury and Waqar thought he was malingering, and had a go at him.
Wasim meanwhile started his campaign for the captaincy as he did before World Cups, but Chairman Tauqir Zia refused with the Qayyum Report still hanging like a dark cloud. His faction (Akhtar, Razzaq, Afridi, Yousuf, Azhar) were anti-Waqar, and the 2 Ws were barely on speaking terms. Inzamam was seen as the mediator.
As for Inzamam, he completely lost form after the 329 vs NZ, only regaining it after that fabulous Multan hundred vs Bangladesh. He had a torrid WC while Saeed Anwar began his journey into the world of Tablighi Jamaat after losing his daughter. He was never the same player and had a poor WC with just one slow hundred vs India on a flat deck to show for. Guys like Saqlain Mushtaq and Azhar Mahmood were past it while Saleem Elahi, Shahid Afridi, Taufiq Umar (in ODIs) never had it. Abdul Razzaq became lazy around this time with his pace dropping while Shoaib Akhtar was simply obsessed with breaking the speed record.
Waqar's captaincy was appalling. Defensive, reactive, robotic and unimaginative - lacking man management skills and lost his composure at crunch moments (bowling beamers to Andrew Symonds in our opening game vs Aus having reduced them to 86-4). Yet we appointed this guy to a coaching role for a FIFTH time.